HSBC Business Direct Full product details for the HSBC Business Direct current account. 18 months free business banking for Business Banking start-ups. Compare with other current accounts.
from 285 ratings
285 customers rated their HSBC current account as 3.7 out of 5 in our 2010/2011 Consumer Finance Awards.
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HSBC Business Direct Features & Benefits
Account Type business
Monthly Charge £0 There is no monthly servicing charge.
Interest Free Overdraft Limit none There is no interest free overdraft limit.
Standard Overdraft Rate variable This is dependent on HSBC's view of the risk attached to the facility.
Daily Overdraft Charge Unlimited Overdrafts are available and will be agreed subject to status.
Headline Interest Rate 0% The headline interest rate is 0%
Account Fee £0 No account fee is payable.
Internet Banking yes Internet Banking is available.
Branch Banking yes Branch banking is available.
Telephone Banking yes Telephone banking is available, once registered.
Available to Ltd Companies yes This account is available to Limited Companies.
Available to Partnerships yes This account is available to Partnerships.
Available to Sole Traders yes This account is available to Sole Traders.
Available to Charities no This account is not available to Charities.
Joint Account yes Joint applications are accepted.
Permanent UK Resident yes This product is only available to individuals who are permanent UK residents.
Student Bank Account no This is not a student bank account.
Graduate Bank Account no This is not a graduate bank account.
Area Restrictions none There are no area restrictions
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Compare HSBC Business Direct With These Current Accounts You benefit from 12.43% unauthorised O/D rate. Travel insurance maximum age of 79 yrs. Get monitoring, alert & report ID theft alerting. A cover person in any car recovery cover is available. The Premier Account has a 0% debit card expense europe. Lloyds TSB gives minimum withdrawal of £1. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 12.43% EAR (variable). 11.9% average overdraft rate is available to you. Get an interest rate free overdraft limit of £260 from this Smilemore (Gadget). 0% ATM withdrawal payment UK. You get same day cash deposit clearance time from the Smilemore (Gadget). This Smile Smilemore (Gadget) current account has a cheque clearance time of 4 days. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 11.9% EAR (variable).
This U First Account has a £1 minimum withdrawal. You can get money back of £0. £0 purchase charge. A £300 maximum ATM withdrawal is offered. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 13.6% EAR (variable). Initial interest rate of 2% is offered. Rewards payment of £0. Take advantage of direct debit set up charge of £0. You can enjoy cheque clearance time of 3 days. Overdraft buffer limit of £10 is available with Student Bank Account. Customers get solo travel cover people covered from this current account. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
A same day cash deposit clearance time is offered. Customers enjoy standing order payment of £0. Take advantage of an ATM withdrawal payment UK of 0% from this Student Account. £0 minimum extra deposit is offered with Student Account. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable). BACS pay fee of £0 is offered to customers. The current account gives £0.00 cheque deposit charges. A £0.00 charge per100 notes withdrawn is available. A £0 charges for telephone banking is available.
£1,000 interest rate free overdraft year 1. This current account offers a standing order set up fee of £0. £0 cashback. Direct debit amendment charge of £0. Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).